2Q22 Highlights and Recent Announcements DELIVERING ACROSS ALL ELEMENTS OF THE TRIPLE MANDATE STRATEGY FINANCIAL OPERATIONS Increased planned 2022 5.1B adjusted earnings; 2Q production of 1,692 MBOED return of capital to 15B 3.91…
2Q22 Earnings Summary ADJUSTED EARNINGS ( MILLIONS) OVERVIEW Sequential adjusted earnings increased due to higher prices Year-over-year adjusted earnings increased due to higher prices as well as volumes from the recently acquired…
Price Realizations 2Q22 Supplemental Information T O TA L CRUDE N AT U R A L G A S TOTAL REALIZATIONS CRUDE REALIZATIONS L48 GAS REALIZATIONS AS % OF BRENT (/BOE) AS % OF BRENT (/BBL) AS % OF HENRY HUB (/MCF) 82% 78% 115% 115% 77%…
2022 Guidance GUIDANCE (AS OF AUG 4, 2022) FULL-YEAR 2022 PRODUCTION 1.74 MMBOED 3Q 2022 PRODUCTION 1.70 1.76 MMBOED FULL-YEAR 2022 ADJUSTED OPERATING COSTS 7.5B FULL-YEAR 2022 CAPITAL EXPENDITURES 7.8B FULL-YEAR 2022 DD&A…
2022 Annualized Cash Flow Sensitivities CONSOLIDATED OPERATIONS EQUITY AFFILIATES 1 (APPLIES FOR WTI PRICE RANGE OF 60-110/BBL) (APPLIES FOR BRENT PRICE RANGE OF 60-110/BBL) CRUDE Brent/ANS: 80-90MM for 1/BBL change Expect…
2022 Annualized Net Income Sensitivities (60-110/BBL WTI) CRUDE Brent/ANS: 110-120MM for 1/BBL change WTI: 105-115MM for 1/BBL change WCS: 15-20MM for 1/BBL change Does not incorporate contingent payment of CA6MM quarterly for every…